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A recent selloff of TSX financial stocks has sent the composite index to a session low of 13,511, down 263 points, at around 2:45 p.m. EST. The financial group is down 1.9 per cent, led by CIBC's 3.5 per cent drop and Scotiabank's 2.8 per cent loss and Royal Bank's 2.5 per cent drop. Only consumer discretionary and health care stocks are in the black.

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